Shell is reported, by various sources, to be considering the sale of its interest in the Woodside-operated North West Shelf (NWS) Project - a major liquefied natural gas (LNG) venture in Western Australia. The North West Shelf Project, has been in operation since 1995, and comprises the Goodwyn A (GWA), Angel, and North Rankin production platforms, and associated subsea infrastructure.
Gas and condensate is transported via a network of pipelines to the GWA and North Rankin Platforms and then onshore to the Karratha Gas Plant for processing. The Okha Floating Production Storage associated subsea infrastructure is part of the CWLH Project operated by Woodside.
The NWS project is operated by Woodside Petroleum Limited, in which Shell has a 16.67% equity stake. The other participants in the NWS Project are BP, BHP Billiton Petroleum, Chevron, Mitsubishi/Mitsui and Woodside.
Source: Various
